Heidelberg Materials (ETR:HEI) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Heidelberg Materials AG (ETR:HEIGet Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €174.14 and traded as low as €148.40. Heidelberg Materials shares last traded at €149.80, with a volume of 556,752 shares.

Heidelberg Materials Stock Down 1.5%

The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.66 and a current ratio of 1.24. The stock’s 50 day moving average price is €163.24 and its 200-day moving average price is €173.94. The company has a market cap of $26.41 billion, a PE ratio of 14.19, a PEG ratio of 1.86 and a beta of 0.91.

Heidelberg Materials Company Profile

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Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.

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